Market revenue in 2023 | USD 1,571.4 million |
Market revenue in 2028 | USD 1,970.7 million |
Growth rate | 4.6% (CAGR from 2023 to 2028) |
Largest segment | Primary packaging |
Fastest growing segment | Secondary & Tertiary Packaging |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2028 |
Quantitative units | Revenue in USD million |
Market segmentation | Primary Packaging, Secondary & Tertiary Packaging |
Key market players worldwide | Gerresheimer AG ADR, Enerpac Tool Group Corp Class A, Graham Packaging, Glenroy, Inc., Alpha Packaging, Comar, Law Print & Packaging Management, Mold Tek Packaging, OPM Corporation, Container and Packaging |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to supplements and nutrition packaging market will help companies and investors design strategic landscapes.
Primary packaging was the largest segment with a revenue share of 60.9% in 2023. Horizon Databook has segmented the Middle East & Africa supplements and nutrition packaging market based on primary packaging, secondary & tertiary packaging covering the revenue growth of each sub-segment from 2018 to 2028.
Middle East & Africa supplement and nutrition packaging market is expected to grow in the forecast period owing to significant change in consumer behavior and buying trends. Although spending is observed to have fallen in the region, healthcare and wellbeing are taking a central stand in the consumer buying behavior.
People are interested in buying supplements and nutraceutical products which are preventive measure for treatment of diseases compare to any other products. This unique trend in the region should bolster nutraceutical and supplement industry in the region, which will further compliment the packaging industry during the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa supplements and nutrition packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa supplements and nutrition packaging market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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